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reportRussiaNov 12, 2026

Russian Wheat Export Forecast Cut to 39 Million Tonnes

USDA cut its 2026/27 Russian wheat and products export forecast by 1 million tonnes to 39 million, the lowest in at least five seasons. Sovecon also lowered its wheat export estimate to 36 million tonnes, from 36.7 million.

WHY IT MATTERS

Lower Russian export estimates from both USDA and Sovecon tighten global wheat availability, supporting world wheat prices.

AFFECTSWheat (SRW)▲Wheat (HRW)▲

SOURCE
tks.ruИрина ЛазареваNov 12, 2026

Related events

Wheat (SRW) WHEAT ▸

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Similar past events

5-session move

After 772 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.2% over 20.

Sep 30, 2026Russian 2026/27 Wheat Export Forecast Cut by 4.7 MMT - The Sizov Report blog-2.5%
Apr 24, 2017Australian 2017 wheat crop forecast to reach 24 million tonnes: USDA report - Grain Central+2.4%
Jun 13, 2024European soft wheat production forecast at 134.5 million tonnes-2.1%
Dec 11, 2019Australian wheat export forecast cut, imports tripled: WASDE - Grain Central+2.6%
Jul 21, 2026The forecast for the soft wheat harvest in France has been reduced to 30.8 million tons.-1.8%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.